JUUL

Wells Fargo likes Altria Group Inc (NYSE: MO)’s willingness to use price increases to offset pressure from declining volume in cigarette sales. The Analyst Wells Fargo’s Bonnie Herzog reiterated an Outperform rating on Altria with a $65 price target. The Thesis The biggest question...

The Food and Drug Administration released new guidelines Tuesday for manufacturers seeking approval to continue selling e-cigarettes, or vaping devices, and the liquids used in the devices to deliver nicotine.  What Happened Under FDA regulation of e-cigarettes that began in 2016,...

Cronos Group Inc (NASDAQ: CRON) CEO Mike Gorenstein presented Tuesday at the Consumer Analyst Group of New York lunch. After attending the event, one Wall Street analyst said Cronos could become a “crown JUUL” of the cannabis business. The Analyst Wells Fargo analyst Bonnie Herzog...

E-cigarette maker and vape company Juul Labs is exploring plans to open its own U.S. retail shops, according to The Wall Street Journal. Juul hasn't made a final decision on when and where it will open its own U.S. stores, which would only admit adults, but has hired staff for "potential...

Altria Group Inc (NYSE: MO) has begun providing limited retail services to Juul Labs in accordance with the firms’ service agreements. The relationship’s got analysts hooked. The Rating Wells Fargo analyst Bonnie Herzog maintained an Outperform rating on Altria with a $65 price target....

Juul vaping cartridge sales were on fire this past year, giving Wells Fargo a buzzy feeling about Altria Group Inc. (NYSE: MO) following this week’s earnings report. But Morgan Stanley wasn’t convinced vaping will offset the continuing decline in traditional cigarettes. Altria ...

A continuing societal shift away from traditional cigarettes, particularly among young people, is extinguishing enthusiasm for the maker of one of the most iconic tobacco brands, as Morgan Stanley downgraded Marlboro maker Altria Group Inc. (NYSE: MO). The bleak picture comes even as Altria tries...

Altria Group Inc (NYSE: MO) announced a $12.8-billion minority stake in Juul Thursday. The stock has fallen since traders began digesting the deal, but many analysts maintain that the investment improves Altria’s positioning in a tough regulatory environment as consumer preferences shift....

Cigarette maker Altria Group Inc (NYSE: MO) reached an agreement with vape company Juul Labs in which the Marlboro parent company bought a 35-percent stake in Juul for $12.8 billion. CNBC reported Thursday that the deal includes a $2-billion dividend payment from Altria to Juul employees...

Earlier this week, cannabis accessories and lifestyle brand Hemper announced the closing of a $10-million Series A financing round that follows a $1-million seed round completed over the summer.  The proceeds will be used to support growth and build out a national online cannabis...

Marlboro producer Altria Group Inc (NYSE: MO) is in talks to buy a large minority stake in leading e-cigarette start-up Juul Labs, according to a Wednesday Wall Street Journal report. Why It’s Important Experts lauded Altria’s diversification effort given the increasingly fragmented...

The Food and Drug Administration is eyeing the creation of a regulatory framework for e-cigarettes, a product that government data shows is increasingly popular with teenagers — and tobacco stocks are reacting to the downside.  The FDA started the largest-ever tobacco compliance...